Aston Martin Lagonda Global Hld PLC Capital Reorganisation and TVR (3869I)
14 December 2020 - 6:00PM
UK Regulatory
TIDMAML
RNS Number : 3869I
Aston Martin Lagonda Global Hld PLC
14 December 2020
14 December 2020
Aston Martin Lagonda Global Holdings plc
("Aston Martin Lagonda", the "Company" or the "Group")
Announcement of completion of Capital Reorganisation, admission
of Consolidated Shares and Total Voting Rights
Further to the announcement on 4 December 2020 by the Company
regarding the results of the General Meeting held earlier that day,
the Company announces that the Capital Reorganisation has become
effective today.
Admission of the Company's Consolidated Shares to the premium
listing segment of the Official List of the UK Listing Authority
and to trading on the London Stock Exchange's market for listed
securities will take place at 8:00 a.m. today (or as soon as
practicable thereafter).
The ISIN for the Consolidated Shares is GB00BN7CG237 and the
SEDOL is BN7CG23.
The proportion of the Company's issued ordinary share capital
held by each shareholder immediately before and after the Capital
Reorganisation will remain unchanged (subject to the treatment of
fractional entitlements as set out in the prospectus published by
the Company on 18 November 2020 (the "Prospectus")).
Shareholders who held their Ordinary Shares in CREST prior to
the Capital Reorganisation will have the Consolidated Shares
credited to their CREST accounts as soon as practicable today.
Shareholders who held their Ordinary Shares in certificated form
will have new share certificates evidencing the Consolidated Shares
to which they are entitled posted to them by first-class post at
the risk of the Shareholder, which are expected to be dispatched on
or around 23 December 2020.
As a result of the Capital Reorganisation, the Group's issued
share capital following admission now consists of 114,933,587
Ordinary Shares of GBP0.10 each. There are no Ordinary Shares held
in treasury. The total number of voting rights following admission
is now 114,933,587 and this figure may be used by shareholders as
the denominator for the calculations by which they will determine
if they are required to notify their interest in, or a change to
their interest in, Ordinary Shares in the Company under the FCA's
Disclosure and Transparency Rules.
In accordance with the authority given by shareholders at the
General Meeting held on 4 December 2020, the Deferred Shares that
have been created by the Company in connection with the Capital
Reorganisation will be repurchased by the Company and subsequently
cancelled. The Company intends to carry out the repurchase and
cancellation of the Deferred Shares on 15 December 2020. Such
repurchase and cancellation will be carried out in accordance with
the rights attached to the Deferred Shares and will be effective as
of the same date.
Capitalised terms used but not otherwise defined in this
announcement have the meanings given to them in the Prospectus,
which is available on the Company's website (
www.astonmartinlagonda.com/investors/October-2020-Placing ).
Enquiries
Investors and Analysts
Charlotte Cowley Director of Investor Relations +44 (0)7771 976764 charlotte.cowley@astonmartin.com
Media
Kevin Watters Director of Communications +44 (0)7764 386683 kevin.watters@astonmartin.com
Grace Barnie Corporate Communication Manager +44 (0)7880 903490 grace.barnie@astonmartin.com
Tulchan Communications
Harry Cameron and Simon Pilkington +44 (0)20 73534200
Notice to all investors
This announcement may contain certain forward-looking statements
and information that both represents management's current
expectations or beliefs concerning future events and are subject to
known and unknown risks and uncertainties. These forward-looking
statements can be identified by the use of forward-looking
terminology, including the terms anticipates, believes, could,
estimates, expects, intends, may, plans, projects, should or will,
or, in each case, their negative or other variations or comparable
terminology, or by discussions of strategy, plans, objectives,
goals, future events or intentions. The forward-looking statements
in this announcement speak only as at the date of this
announcement. These statements and forecasts involve risk and
uncertainty because they relate to events and depend upon
circumstances that may occur in the future. There are a number of
factors which could cause actual results or developments to differ
materially from those expressed or implied by these forward-looking
statements and forecasts. Further, certain forward-looking
statements are based upon assumptions of future events which may
not prove to be accurate and neither of the Company nor any of its
subsidiary undertakings, affiliates, agents or advisers or any such
persons' directors, officers, employees or agents, nor any other
person accepts any responsibility for the accuracy of the
forward-looking statements or opinions expressed herein or the
underlying assumptions. Other than in accordance with any legal or
regulatory obligations (including under the Listing Rules, the
Disclosure Guidance and Transparency Rules and the Prospectus
Regulation Rules), no one undertakes to update, supplement, amend
or revise any such forward-looking statement. Nothing in this
announcement should be construed as a profit forecast. Past share
performance cannot be relied on as a guide to future
performance.
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END
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